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Kelly Holland Finally Out at Penthouse

PornReporter — Mon, 24 Sep 2018 14:49:45 +0000

Well, it’s official: Kelly Holland is officially out at Penthouse — the leading adult entertainment company she led to financial ruin. Sources affirm that WGCZ Holding, the owner of the Czech-based adult video clip host XVideos, which purchased Penthouse Global Media, Inc. at a bankruptcy auction in June, has canned Holland and her top staff. Read […]

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New owners of Penthouse pays off past porn star debt!

Kelli — Wed, 25 Jul 2018 10:29:39 +0000

In an attempt to recover some of the ill will created by Kelly Holland, the new owners of Penthouse have now paid off money owed to porn stars — all of them!! Well, at least that is what I am hearing from multiple sources. No seriously! All those porn stars that Penthouse fucked over in […]

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Meet the law firms STIFFED in the Penthouse bankruptcy

PornReporter — Wed, 13 Jun 2018 20:42:11 +0000

When Penthouse Global Media, Inc. and fourteen of its subsidiaries filed for bankruptcy protection in the United States Bankruptcy Court for the Central District of California on January 11, 2018, the flailing giant left several big law firms on the hook for more than a half-million dollars in unpaid legal fees. Stiffed At least eight legal […]

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Who will Penthouse screw over next? Let’s just hope it won’t be you.

Kelli — Wed, 13 Jun 2018 14:44:06 +0000

We recently reported that Penthouse is sending Marcia Hase to Sexpo Australia, but will she be paid for her time? Penthouse didn’t bother paying the girls they sent last year, they also promised to reimburse them for the cost of the airline ticket and related passport fees. All still unpaid. If they didn’t pay their talent […]

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Stalking Horse: Penthouse may be bought by Oreva Capital, new owner of The Advocate

Voice For Reason — Thu, 24 May 2018 15:57:09 +0000

According to the New York Post, the company that wants to buy High Times magazine, Los Angeles venture firm Oreva Capital which recently purchased LGBT brands The Advocate, Pride, Out Traveler and LBGT.com, has submitted a “stalking horse” bid to become the new owner of Penthouse. Adam Levin, whose Oreva Capital agreed to buy High Times in […]

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Does Bat Boy plan to purchase Penthouse? — EXCLUSIVE!

Voice For Reason — Wed, 23 May 2018 23:40:34 +0000

We got an interesting email the other day. I attempted to reach out to Kelly Holland, the current CEO of Penthouse, via morse code for a comment but didn’t have any luck. When Bob Guccione, the founder of Penthouse died, creditors seized most of his assets. In 1982, his net worth was estimated at around […]

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Let’s Talk About The Penthouse Bankruptcy. How much do you think Penthouse will sell for this time?

Kelli — Wed, 23 May 2018 22:01:06 +0000

This Penthouse liquidation has shocked a lot of people in the industry, but for those who have been paying attention, we knew it was only a matter of time. According to an article on XBIZ, Dream Media now holds the ExWorks loans and claims Penthouse owes it more than $10 million. From my understanding, this […]

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It’s over for Kelly Holland. Penthouse to be liquidated by the courts!

XXX Insider — Tue, 22 May 2018 22:45:16 +0000

As we were working on our exclusive Penthouse story, news broke about that the Penthouse bankruptcy didn’t go well and as of last week the trustee has told the judge it’s done. Penthouse originally filed for Chapter 11 back in January. After a few months of going through the books, the trustee gave up and said […]

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Is there a secret Bob Guccione locker of goodies that nobody knew about? — Reader Email

XXX Insider — Tue, 22 May 2018 22:17:44 +0000

We got an interesting email the other day. I attempted to reach out to Kelly Holland the current CEO of Penthouse for a comment but didn’t have any luck. When Bob Guccione, the founder of Penthouse died, creditors seized most of his assets. In 1982 his net worth was estimated to be around $400 million. […]

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Penthouse Founder Bob Guccione’s Life Being Turned Into TV Series

porn news — Tue, 04 Apr 2017 12:57:19 +0000

Variety ran an interesting story today, about the man who founded Penthouse magazine. Penthouse founder Bob Guccione’s rise to the top of the media landscape and fall into financial ruin will be the subject of a new television series, Variety has learned. Jerrick Media and Maven Pictures are teaming up on the project and are […]

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